State Bank of India v. Rajaguru
Case brief
What is this about?
The Tribunal allowed the condonation of delay of over 1043 days in re-presenting an Original Application filed by a bank for recovery, treating the bank as a custodian of public money and relying on a Madras High Court judgment.
What did the court decide?
Delay of 1043 days condoned subject to payment of cost of Rs.5,000/- to TN State Legal Services Authority and filing compliance report.